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Daewoo E&C won a 162.4 billion KRW EPC contract from TKG Huchems to build a new nitric acid (400,000 tons/year) and mononitrobenzene (300,000 tons/year) plant in Yeosu, South Korea. The first phase completion is set for July 31, 2023.
“Through this project, we will accumulate experience in handling high-pressure and corrosive material processes, which will serve as a stepping stone for Daewoo E&C to emerge as a leader in the precision chemical plant EPC sector.”wowtv.co.kr
Summarized from public sources; check the original articles before acting on it.